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Trucking Facility on Fenced Land

237 & 267 N Graham Street, Bowling Green, KY 42101

For Sale
$5,500,000

Trucking facility with office and shop space on 6.16 acres.

Property Size15,860 SF
Lot Size6.16 Acres
Price / SF$346.78
Days on Market721

Property Features for 237 & 267 N Graham Street

General Information

Standard status Active
Size 15,860 SF
Lot size 6.16 Acres
Listing Agency: Coldwell Banker Legacy Group
Listed By: Tim Page · License KY #214996
Source: Exprealty
Added: Nov 21, 2024 Changed: Aug 8 Last Checked: Aug 8 at 5:58AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Legacy Group

Rey
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Investment Insights

Based on property information with market context.

This trucking facility is situated on 6.16 acres of fenced land. The property includes two buildings with a total area of 15,860 square feet. The buildings are configured with 4,000 square feet of office space and 11,860 square feet of shop space, accommodating both administrative and operational functions. The property is located off Louisville Road and features an oil changing pit, six 16-foot tall bay doors, and one 12-foot door. Currently used as a wrecking and hauling facility, this property is suitable for logistics and other business operations.

Key Highlights

  • Prime trucking facility on 6.16 acres of fenced land.
  • Two buildings totaling 15,860 sqft (4,000 sqft office, 11,860 sqft shop).
  • Strategically located off Louisville Road.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$184,135
Cap Rate
3.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,682,700 $3.7M
Cap Rate 7%
$2,630,500 $2.6M
Cap Rate 9%
$2,045,944 $2.0M
Market Conditions
NOI Build-Up for 15,860 SF
Gross rent
$285.5K $18.00/SF
− Vacancy
−$40.0K −$2.52/SF
EGI
$245.5K $15.48/SF
− OpEx
−$61.4K −$3.87/SF
NOI
$184.1K $11.61/SF
Area
Warren County, KY
Vacancy
14.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,682,700
Cap Rate 7%
$2,630,500
Cap Rate 9%
$2,045,944

Alternative Uses

Best Use
Office B
$2.63M
$2.30M – $3.07M (±1% cap)
NOI $184,135 @ 7.0% cap · market cap 3.35%
Second Best
Retail
$2.49M
$2.18M – $2.91M (±1% cap)
NOI $174,304 @ 7.0% cap · market cap 3.17%
Theoretical Best
Office A
$3.50M
$3.06M – $4.09M (±1% cap)
NOI $245,193 @ 7.0% cap · market cap 4.46%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Van Meter Contracting ... Construction Company Felts Truck Repair ... Auto Repair Shop

Suggested Use

Top Pick Dental Office Spa & Massage Center Nail Salon Real Estate Agency Hair Salon (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

174
Businesses Nearby

Demographics for 42101, KY

64,444
Population
26,062
Households
2.5
Avg Household Size
30
Median Age
20%
College-Educated
83%
High-School Grad
281.0 sq mi
ZIP Area
229
Density / Sq Mi
$49,045
Median Household Income
$26,564
Median Earnings
$905
Median Rent
$188,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Truck terminal - Trucking facility with office and shop space on 6.16 acres.
Where is this truck terminal located?
The property is located at 237 & 267 N Graham Street Bowling Green, KY.
What is the asking price?
The asking price for this property is $5,500,000.
What are key features of this property?
This property features: Prime trucking facility on 6.16 acres of fenced land.; Two buildings totaling 15,860 sqft (4,000 sqft office, 11,860 sqft shop).; Strategically located off Louisville Road.
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